10 Jul 2019, Radoslav Yordanov, EMIS Editor
Argentina-Brazil trade hits $1.677 bn in June
Argentina’s purchases from Brazil plummeted 44% y/y to USD 849mn during the month of reference, while its exports to this country fell 19.7% y/y to USD 828mn.
As a result, Argentina recorded a trade deficit with Brazil for the second consecutive month. Despite the decline of the bilateral trade, Argentina ranks as Brazil’s third biggest trading partner.
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